iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Unusually-High Trading Volume – Here’s Why

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) shares saw strong trading volume on Wednesday . 3,455,377 shares changed hands during trading, an increase of 389% from the previous session’s volume of 706,539 shares.The stock last traded at $24.03 and had previously closed at $24.02.

iShares iBonds Dec 2027 Term Corporate ETF Trading Up 0.1 %

The company has a 50 day moving average of $23.99 and a 200 day moving average of $24.10.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Eastern Bank acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 3rd quarter worth about $25,000. Front Row Advisors LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth about $29,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth about $42,000. Coastline Trust Co acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 3rd quarter worth about $46,000. Finally, First United Bank & Trust acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth about $48,000.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.